Eligible

San Francisco, United States Founded: 2011 • Age: 15 yrs
Cloud-based solutions for insurance claim processing are offered to insurers.
Request Access

About Eligible

Eligible is a company based in San Francisco (United States) founded in 2011. It operates as a API-as-a-Product. Eligible has raised $27.88 million across 3 funding rounds from investors including Y Combinator and QueensBridge Venture Partners. The company has 10 employees as of April 06, 2024. Eligible offers products and services including Insurance Billing APIs. Eligible operates in a competitive market with competitors including Perfios, ABI Health, Osigu, TriZetto and Anagram, among others.

  • Headquarter San Francisco, United States
  • Employees 10 as on 06 Apr, 2024
  • Sectors
    Healthcare
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Eligible Research And Development Center Private Limited
  • Date of Incorporation 11 Jan, 2014
  • Jurisdiction Jaipur, Rajasthan, India
Operational Areas
Healthcare → Health Technology & Digital Health
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $1.2 M (USD)
    -0.57
    as on Mar 31, 2023
  • Net Profit
    $174.85 K (USD)
    13.03
    as on Mar 31, 2023
  • EBITDA
    $208.17 K (USD)
    -29.66
    as on Mar 31, 2023
  • Total Equity Funding
    $27.88 M (USD)

    in 3 rounds

  • Latest Funding Round
    $25.2 M (USD), Angel Round

    Apr 29, 2016

  • Investors
  • Employee Count
    10

    as on Apr 06, 2024

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

Products & Services of Eligible

Eligible offers a comprehensive portfolio of products and services, including Insurance Billing APIs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

APIs for insurance billing in healthcare businesses provided.

People of Eligible
Headcount 10-50
Employee Profiles 1
Employee Profiles
People
Katelyn Gleason
CEO & Founder

Unlock access to complete

Teams

Unlock access to complete

Funding Insights of Eligible

Eligible has successfully raised a total of $27.88M across 3 strategic funding rounds. The most recent funding activity was a Angel Round round of $25.2 million completed in April 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Angel Round — $25.2M
  • First Round

    (18 Oct 2012)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2016 Amount Angel Round - Eligible Valuation

investors

Jan, 2015 Amount Series A - Eligible Valuation Y Combinator , QueensBridge Venture Partners
Oct, 2012 Amount Seed - Eligible Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Eligible

Eligible has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Y Combinator and QueensBridge Venture Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Early-stage startups are accelerated via funding and educational programs.
Founded Year Domain Location
US focused VC firm
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Eligible

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Eligible

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Eligible Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of Eligible

Eligible operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Perfios, ABI Health, Osigu, TriZetto and Anagram, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provides financial technology solutions for data analysis and verification globally.
domain founded_year HQ Location
AI-driven solutions for healthcare operations are provided.
domain founded_year HQ Location
Online claims processing is facilitated for the insurance industry.
domain founded_year HQ Location
Software solutions for healthcare payers and providers are offered.
domain founded_year HQ Location
Anagram is focused on vision insurance billing solutions.
domain founded_year HQ Location
Digital medical cost management solution for payors and employers
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Eligible

Frequently Asked Questions about Eligible

When was Eligible founded?

Eligible was founded in 2011 and raised its 1st funding round 1 year after it was founded.

Where is Eligible located?

Eligible is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Is Eligible a funded company?

Eligible is a funded company, having raised a total of $27.88M across 3 funding rounds to date. The company's 1st funding round was a Seed of $329.92K, raised on Oct 18, 2012.

How many employees does Eligible have?

As of Apr 06, 2024, the latest employee count at Eligible is 10.

What is the annual revenue of Eligible?

Annual revenue of Eligible is $1.2M as on Mar 31, 2023.

What does Eligible do?

Insurance billing APIs are offered by Eligible to support healthcare businesses. Solutions are focused on streamlining billing processes within the healthcare sector. Integration of these APIs is aimed at improving efficiency for providers and organizations.

Who are the top competitors of Eligible?

Eligible's top competitors include Perfios, ABI Health and Anagram.

What products or services does Eligible offer?

Eligible offers Insurance Billing APIs.

Who are Eligible's investors?

Eligible has 2 investors. Key investors include Y Combinator, and QueensBridge Venture Partners.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available